Evolution Petroleum (NYSE:EPM) Upgraded to Hold at Northland Capmk

Northland Capmk upgraded shares of Evolution Petroleum (NYSE:EPM - Free Report) to a hold rating in a report issued on Tuesday morning,Zacks.com reports. Northland Capmk also issued estimates for Evolution Petroleum's Q4 2025 earnings at $0.02 EPS, FY2025 earnings at $0.04 EPS, Q1 2026 earnings at $0.01 EPS, Q2 2026 earnings at $0.01 EPS, Q3 2026 earnings at $0.00 EPS, Q4 2026 earnings at ($0.02) EPS and FY2026 earnings at $0.01 EPS.

EPM has been the topic of several other reports. Northland Securities dropped their price target on shares of Evolution Petroleum from $7.00 to $6.50 and set an "outperform" rating on the stock in a research report on Thursday, February 6th. Alliance Global Partners started coverage on shares of Evolution Petroleum in a research note on Wednesday, May 7th. They set a "buy" rating and a $5.70 price objective on the stock. Finally, Wall Street Zen upgraded shares of Evolution Petroleum from a "sell" rating to a "hold" rating in a research note on Monday, May 19th.

Evolution Petroleum Stock Up 0.2%

Shares of Evolution Petroleum stock traded up $0.01 on Tuesday, reaching $4.31. 133,284 shares of the company were exchanged, compared to its average volume of 177,346. The company has a market capitalization of $147.87 million, a price-to-earnings ratio of 86.22 and a beta of 0.49. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 0.52. Evolution Petroleum has a one year low of $4.05 and a one year high of $6.14. The company has a 50-day moving average of $4.50 and a 200 day moving average of $5.06.

Evolution Petroleum Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 11.14%. The ex-dividend date is Friday, June 13th. Evolution Petroleum's dividend payout ratio (DPR) is presently -1,600.00%.

Hedge Funds Weigh In On Evolution Petroleum

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. bought a new position in shares of Evolution Petroleum during the fourth quarter worth approximately $1,477,000. American Century Companies Inc. increased its position in Evolution Petroleum by 31.0% during the 4th quarter. American Century Companies Inc. now owns 629,696 shares of the company's stock worth $3,293,000 after buying an additional 149,130 shares during the period. Russell Investments Group Ltd. lifted its holdings in shares of Evolution Petroleum by 22.5% during the first quarter. Russell Investments Group Ltd. now owns 670,155 shares of the company's stock worth $3,471,000 after buying an additional 123,277 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Evolution Petroleum by 6.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,510,454 shares of the company's stock valued at $7,899,000 after acquiring an additional 89,697 shares during the period. Finally, CWA Asset Management Group LLC boosted its position in shares of Evolution Petroleum by 30.0% in the first quarter. CWA Asset Management Group LLC now owns 305,012 shares of the company's stock valued at $1,580,000 after acquiring an additional 70,450 shares during the period. 60.07% of the stock is owned by institutional investors.

Evolution Petroleum Company Profile

Evolution Petroleum Corporation, an energy company, engages in the development, production, ownership, and exploitation of onshore oil and gas properties in the United States. The company holds a non-operated interests in the SCOOP and STACK plays located in Central Oklahoma; the Chaveroo Field situated in Chaves and Roosevelt Counties, New Mexico; the Jonah Field located in Sublette County, Wyoming; the Williston Basin situated in Williston, North Dakota; the Barnett Shale field located in North Texas; the Hamilton Dome situated in Hot Springs County, Wyoming; and the Delhi Field, an onshore CO2-EOR project located in northeast Louisiana in Franklin, Madison, and Richland Parishes, as well as small overriding royalty interests in four onshore central Texas wells.